Industry: a proposal to stop interest on loans

2017-02-08 11:43

Baghdad scales news


The Ministry of industry and minerals, revealed Wednesday, its intention to submit a proposal to the Cabinet Committee on Economic Affairs provides financial benefits off industrial loans to ease the burden on manufacturers.

Industry Minister Mohamed agency said in a statement issued on the sidelines of the Sudanese meeting Iraqi industrial bank manager Bilal al-Hamdani, and received/balance news/copy, that Ministry will present a proposal to the Cabinet Committee on Economic Affairs to stop or freeze benefits being surpassed high proportion and become overburden industrialists and thus prevent the resumption of industrial activity resumes.

Sudanese, stressed "the importance of enacting laws that contribute to support national industry as producer and consumer protection laws, to ensure not to flood the market with imported goods and heading towards encouraging various sectors to produce goods with standard specification global commodity and imported competition."

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